Yahoo bought the company Qwiki
Yahoo announced the purchase of a mobile startup Qwiki, developed the iPhone-application that allows users to convert photos, music and videos in a small movie mounted. This acquisition adds to previously made a series of acquisitions aimed at socializing functional Yahoo. Over the past few weeks, Yahoo bought a number of companies, including Tumblr, Bignoggins and others.
Amount of the transaction to purchase Qwiki not disclosed, but is estimated publication AllThingsD, it amounted to 40-50 million dollars. In a statement, Yahoo said the company will continue to support the application Qwiki, a New York-based design team will work with Yahoo.
Recall that Yahoo is one of the earliest online players of the market. At the stage of rapid growth, the company has taken a significant position, but in recent years, under pressure from companies like Facebook or Google, it has lost much of its potential.
A year ago, Yahoo topped Marissa Mayer, who now leads the strategy of restructuring the company, at the same time absorbing the smaller companies that have a long-term development of its portfolio. Since taking office, Meyer, Yahoo bought a number of start-ups, such as Alike, Stamped, Snip.it and Summly, in addition, in May this year, the company has completely revamped photo sharing site Flickr.
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